MilkyWay Crypto Platform (MILK)

The MilkyWay liquid staking protocol is a Cosmos-based layer-1 blockchain with over $176M in TVL reached, according to its website. It focuses primarily on offering liquid staking and staking solutions for Celestia ($TIA), Initia ($INIT) and Babylon ($BABY) token holders. 

Initially, MilkyWay was built as a liquid staking solution for Celestia - at that time one of the most hyped Cosmos ecosystem chains, introducing $milkTIA LST. The $milkTIA is tethered by price to the $TIA token, but growth in value according to the annual projected yield for staking $TIA. This way, MilkyWay Celestia protocol allows users to contribute to the security of the Celestia chain and earn yield while maintaining the full ownership of their funds and even utilize them in DeFi.

However, as the platform grew over time, it emerged to new modular ecosystems and introduced support of Babylon and Initia chains along with $milkBABY or $milkINIT LSTs. At the same time, MilkyWay $TIA staking platform became a restaking layer, allowing Web3 developers to secure their applications with its custom AVS services without the need to release its own set of validators or its own token. 

Now, it aims to build a multi-chain or modular ecosystem in a completely unified environment by integrating more ecosystems in the future to its list. 

🪙 MilkyWay token: On April 28, 2025 the platform announced soon TGE of its native $MILK token, along with Binance Wallet IDO the next day. As of April 28, the platform didn’t disclose the main utility of the token and the distribution model, but our team is certain that it will be used for governance and securing the MilkyWay network via staking. The post also mentioned the additional $MILK token allocation towards the future marketing campaigns, hinting on MilkyWay airdrop for active Binance Wallet users.

Considering rising attention among the crypto community towards the MilkyWay crypto project, we completely analyzed it and found some of its the most important pros and cons:

✅ MilkyWay pros:

• Hands down, the largest liquid staking and restaking protocol on Celestia chain by TVL;
• Tokens launched via Binance Wallet sale have a good chances to perform well and even being listed on Binance exchange;
• 100% unlock for token sale via Binance Wallet;
• Security audit from Oak Security;
• Good Growth marketing;
• Above the average SMM score;
• Backed by multiple top-tier funds, including Binance Labs;
• Decent ecosystem of partners;
• Core team members have work experience in top-tier companies like Binance, and Crypto.com.

❌ MilkyWay cons: 

• No tokenomcis released yet despite soon launch of the sale;
• Very Weak PR, and Influencer marketing performance;
• Below the average Marketing Infrastructure and SEO scores;
• Despite being the leader in the Celestia ecosystem, there is not much activity and narrative built around Celestia or any other supported ecosystems.